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Posts labeled Special to Delaware Business Now are typically submitted items that are updated and sometimes rewritten in news style. Background information is sometimes added.

Offshore wind forum/hearing hosted by GOP legislators slated for May 1

Delaware State Senator Hocker and Rep. Gray, both Sussex County Republicans will host what is billed as a public hearing on offshore wind in Maryland on May 1 from 6 p.m. to...

Kroger proposes selling southern Delaware stores to satisfy antitrust issues with Albertsons buyout

Kroger appears ready to sell off supermarkets in Coastal Delaware, which it operates under the Harris-Teeter banner, as it works to acquire Acme-Safeway owner Albertsons. Supermarket News reported that this week, the grocery giant proposed...

Delaware Division of Small Business announces Small Business Month events

The Delaware Division of Small Business (DSB) is highlighting activities that do this taking place during National Small Business Month, and National Small Business Week (NSBW April 28 – May 4, 2024). “Small businesses are...

JPMorgan Chase sells Delaware trust company acquired in takeover of failed First Republic...

JTC plans to acquire First Republic Trust Company of Delaware, a subsidiary of JPMorgan Chase Bank. First Republic is headquartered in Wilmington and provides trust administration services to high-net-worth individuals. The company has approximately $9...

Fulton acquires assets of Philadelphia bank seized by federal regulators

Fulton Financial Corporation acquired substantially all of Republic Bank's assets and assumed most of Its deposits from the Federal Deposit Insurance Corporation. All regulatory approvals, including approval from the Office of the Comptroller of the...

GOP Chair Murray announces bid for governor

Delaware State Republican Party Chair Julianne Murray is running for governor. Murray announced the decision in a post on a Sussex District Republican PAC club website. "We have diligently looked for a gubernatorial candidate since last...

Delaware existing home sales drop, prices rise

The real estate market in Delaware saw growth in new listings, and a decline in sales during March. Still, a Delaware Association of Realtors release said the listings growth was "signaling a positive...

Hospital budget oversight bill passes Delaware House after contentious debate

Despite strong opposition from the state's hospital systems and father a lengthy debate, a bill to review and approve their budgets passed the Delaware House. House Bill 351 was sponsored by House Speaker...

NASCAR weekend getting underway

Dover's NASCAR weekend gets underway with a trio of races, food, and entertainment. Legendary driver Richard Petty will be honored on the 75th anniversary of the family's relationship with NASCAR and numerous driver autograph sessions...

LYCRA showcases stretch denim fiber

The LYCRA Company, is launching a new type of fiber for stretch denim. LYCRA FitSense denim technology is designed to provide a solution to consumers of all body types and shapes, a release...

Ex-bank employee charged with stealing funds from deceased person’s account

New Castle County Division of Police arrested former WSFS employee Latia Wynn, 25, also known as Itiyya Wynn of Wilmington on multiple charges. In February, Officers were called to a residence on Constitution Boulevard and...

Incyte agrees to acquire skin disease drug developer in $750 million deal

Incyte has agreed to acquire Escient Pharmaceuticals, a clinical-stage company with a promising dermatology candidate. The price tag is $750 million. “As a company dedicated to innovation and the discovery of transformative medicines, we are...

Newark radio frequency systems manufacturer poised to get $700,000+ in state grants

Phase Sensitive Innovations (PSI) – a veteran-owned University of Delaware spinoff that specializes in radio-frequency components, devices and systems – will expand operations in Newark. The Delaware Prosperity Partnership, the state's private economic development agency, consulted with...

From Spotlight Delaware – New Castle County to manage Hope Center after audit 

By  Karl Baker This story was produced by Spotlight Delaware, a community-powered, collaborative, nonprofit newsroom covering the First State. Learn more at spotlightdelaware.org   New Castle County employees are taking over the day-to-day operations of the Hope Center...

DāSTOR acquires New Castle data center

DāSTOR acquired a data center at 3 Boulden Circle in New Castle. The site has more than 30,000 square feet of raised floor. The seller was not listed. It's the second Delaware data center...

Ground broken for pharma manufacturing pilot plant on UD’s STAR Campus

A groundbreaking ceremony was held on Monday for the National Institute for Innovation in Manufacturing Biopharmaceuticals’ (NIIMBL) new Securing American Biomanufacturing Research and Education (SABRE) Center on the University of Delaware's STAR Campus in Newark. The...

Bill raising dollar limits on homes, equipment subject to bankruptcy seizure passes House

A bill that would halt the loss of work tools and raise the dollar limit for houses that could be lost during bankruptcy proceedings passed the House on a vote of 37 yes...

Law firms raise associates pay to $210,000 a year

The Wilmington corporate law firms of Richards, Layton & Finger, Potter Anderson, and Young Conaway announced that their starting salaries for associates have increased to $210,000, effective immediately. A release from Richards Layton stated ...

Man from Bear charged with aggravating menacing outside News Journal site

A man from Bear has been charged with aggravating menacing at a News Journal distribution center. The man was identified as Yonghua Xu, 43. In the late morning of April 17, Delaware State Police were called...

Division of Small Business partners with Small Business Development Center on loan assistance program

The Delaware Division of Small Business (DSB) is partnering with the Delaware Small Business Development Center (SBDC) to provide additional support to small business owners seeking loans from a federal program that the...
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